scholarly journals Metody oceny ekonomicznej i finansowej publicznych inwestycji w dziedzinie ochrony środowiska

2005 ◽  
Vol 3 (1) ◽  
pp. 329-338
Author(s):  
Maciej Rudnicki

Nowadays, the realization of public, infrastructural investments in the area of environmental protection, is inseparably connected with financing them from various sources, public and private. The majority of funds which finance the investments like this, have very strict criterions of economical and financial evaluation of investment project. Although the public proecologic infrastructural investments concern the area of public services, they are treated like typical economical undertakings by financial institutions. Often , it turns out that well prepared and well organized undertaking does not meet the economical or financial demands of the fund which finances the investment. It is worth, then , to pay attention to some issues about criterions of economical and financial evaluation which are used in respect of public, infrastuctural, proecological investments. The author focused on criterions which are universal so that they recognized and used by many financial institutions and European Committee, European Investment Bank and National Fund of Environmental Protection and Water Economy.

2021 ◽  
Vol 2021 (11) ◽  
pp. 74-87
Author(s):  
Viktoriia KOLOSOVA ◽  

The article highlights the historical aspects of Ukraine's cooperation with two international financial institutions, which provide Ukraine with significant credit resources: the European Bank for Reconstruction and Development and the European Investment Bank. The structure of these institutions, the purpose of their work, means and methods of achieving the goals defined in the statutory documents were considered. The cooperation of Ukraine with the European Bank for Reconstruction and Development and the European Investment Bank on the implementation of investment projects in the public and private sectors was studied, the peculiarities of the project implementation were analysed and the factors that impact low disbursement were investigated. Attention is drawn to the importance of using investments from international financial organizations in full and the importance of further close cooperation with institutions that provide credit resources to Ukraine in periods when the state does not actively cooperate with the IMF. Generalised suggestions for improving Ukraine's cooperation with the European Bank for Reconstruction and Development and the European Investment Bank were prepared, separately for each bank, the steps that need to be taken to increase the disbursement of loans for investment projects implemented in Ukraine with international financial organizations were listed.


2006 ◽  
Vol 53 (3) ◽  
pp. 299-311 ◽  
Author(s):  
Viktorija Bojovic

This paper discusses recent changes in the way public services are delivered A marked increase in the cooperation between the public and private sector in the realization of complex projects, mostly concerning development of infrastructure, is the main characteristic of present-day developing economies. The creation of new, innovative agreements is driven by the limitation of public funds and an ever-growing demand for an increase in the quality of public services. Looking upon the western economies experience alternatives to the traditional public sector procurement are identified in the public/private partnership. The public/private partnership can be seen as one component in the rearrangement of the public sector with a management culture that focuses on the citizen or customer. Also included in this are accountability for results, investigation of a wide variety of alternative service delivery mechanisms, and competition between public and private bodies for contracts to deliver services consistent with cost recovery and the achievement of value for money. The partnership can be realized through an array of models and in this paper priority is given to the DBFO (design-build-finance-operate) model, due to its importance in implementation. The DBFO model is considered to be a synonym for the public/private partnership, as it is the most suitable for complex projects and gains the most benefits.


2021 ◽  
pp. 107-122
Author(s):  
S. G. Belev ◽  
K. V. Vekerle ◽  
I. A. Sokolov

Using the Heckman procedure with the data of the European Investment Bank on investment projects implemented on the principles of PPP, the paper identifies factors that are significant for the development of PPP. In particular, the use of PPP turned out to be most sensitive to the maturity of economic development, as well as to the state’s budgetary constraints, which do not allow building all the necessary infrastructure for providing public goods at the expense of the budget. At the same time, there has been found no statistically stable relationship between the institutional environment and the implementation of PPP projects, which may be so due to the quality of the sample — for developing countries, the importance of institutional environment factors, as well as macroeconomic stability, would most likely be more obvious.


IG ◽  
2021 ◽  
Vol 44 (4) ◽  
pp. 328-335
Author(s):  
Hartmut Marhold

The European Union (EU) invests huge resources in overcoming the pandemic crisis and does so as a learning system: The Union learned lessons from the previous, the financial, economic and state debt crisis after 2008, in many ways. The EU assumes now definitely the role of an active player in the economy, leaving behind the neoliberal doctrine; she suspends the restrictive budgetary policy, which prevented already in 2008 and the following years adequate solutions; she reshaped the control over its financial aid programmes so that harsh conflict between member states („troika“) are mitigated; the Union further refined the public private partnership mechanisms established unter the aegis of the European Investment Bank (EIB); the European Central Bank (ECB) assumes now a role still disputed after 2008; the flexibility clauses of the Lisbon Treaty, just put into force after 2008, are now extensively applied; and, more than anything else, the Union aims at a change of paradigm by putting the NextGenerationEU programme at the service of sustainable development (enshrined in the Green Deal).


Author(s):  
Donald Cohen

This chapter focuses on the right wing's astonishingly successful efforts to privatize public goods and services. Privatization has been one of the highest priorities of the right wing for many years, and the chapter shows how it threatens both labor and democracy. Intentionally blurring the lines between public and private institutions, private companies and market forces undermine the common good. This chapter documents the history of privatization in the United States, from President Reagan's early efforts to Clinton and Gore's belief in private markets. Showing how privatization undermines democratic government, the chapter describes complex contracts that are difficult to understand, poorly negotiated “public–private partnership” deals, and contracts that provide incentives to deny public services. With huge amounts of money at stake, privateers are increasingly weighing in on policy debates—not based on the public interest but rather in pursuit of avenues that increase their revenues, profits, and market share. Privatization not only destroys union jobs but also aims to cripple union political involvement so that the corporate agenda can spread unfettered. Nevertheless, community-based battles against privatization have succeeded in many localities, demonstrating the power of fighting back to defend public services, public jobs, and democratic processes.


Author(s):  
Jari Vuori ◽  
Marika Kylänen

Since the late 1990s, the literature of public-private management and publicness have increased, but the genealogy of public-private in a frame of pluralistic definitions has not been studied. This study focuses on ascertaining how the nature and operations of public-private relations influence discursive practices in public-private management, organization, and policy studies. The literature review produced thousands of abstracts (N=2242), but only few articles (N=39) from 22 highly ranked journals (2000-2010). Despite the research of public-private management, it seems that a surprisingly small number of researchers have recognized that the public/private sphere provides a particularly useful approach to evolve organization, management, and policy studies. The only exceptions seem to be anchored by citizenship and especially individualism, “personalized public services.” The authors also found that researchers did not integrate disciplinary traditions in their approaches and link them to different public/private arenas: public in organizations, private in organizations, public in social life, and private in social life. They conclude that the new trends in public-private organizing and management will remain an enigma unless the following is asked: how can the arenas of public/private counteract the effects of themselves?


2020 ◽  
Vol 36 (4) ◽  
pp. 7-30
Author(s):  
Slobodan Jovanović

The legal position of a notary public and the types of services he provides crucially affect the complexity of his liability, which arises from performing legally prescribed activities. Actions to protect and realize the public and private interest for a fee represent a risk from which the professional liability of a notary public may arise, which is equated with errors and omissions insurance. This leads to multiple types of liability: civil, disciplinary, offence and criminal. In this paper, the author explores the interest of the state, parties and notaries public in relation to the performance of notary public services to the extent relevant to this paper, the legal basis and manner of concluding professional liability insurance of notaries public, setting cover limits and some specific excluded risks and specific features of occurrence of insured event in professional liability insurance by getting an insight into comparative legal solutions of the law regulating notary public services, and finally the views of domestic and foreign legal theory.


Author(s):  
Jiangfan Liu ◽  
Xiongzhi Xue

The Public and Private Partnership (PPP) model has been used to provide public services and goods. In China, local governments are willing to use the PPP model in many public services, such as integrated river management (IRM) projects, due to ease fiscal budget and the improved access to technology from the private sector. However, there has not been any specific discussion in the literature for applying the PPP model to IRM projects. In this study, we find that the PPP model results in the non-standardization of IRM projects. Our research paper builds the PPP operation framework for IRM projects. Our findings suggest that while the environmental quality evaluation system created in contracts for government payment seems to be optimal for protecting the public interest, it actually strains the partnership between the two parties and so its implementation should be considered on a case by case basis. Since the history of IRM projects using the PPP model is short, the actual performances of these types of projects has not yet been demonstrated. Local governments should be cautious about adopting the PPP model for such projects, and private companies should be cautious about their involvement. Our research will garner more scholarly attention to the application of the PPP model in complex projects.


Webology ◽  
2021 ◽  
Vol 18 (2) ◽  
pp. 1119-1132
Author(s):  
Ghassan Tareq Dhahir ◽  
Wadhah Raheem Rahi

The study analysed the reality of partnership between the public and private sectors in Iraq and Algeria by highlighting the history of partnership in both countries and the legal legislation and the most important partnership contracts through existing investments. The study concluded that the reality of partnership in both alternatives is still weak and that most of the investments were not industrial. The task or the main sectors, but rather some public services administration projects, which may be covered by the state’s public institutions, in addition to the fact that the total existing projects are very little compared to some Arab countries that have come a long way in this harm, such as the UAE, Qatar and even Saudi Arabia.


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